Businesses, Stock Markets & the Economy

Staying Put (Morgan Housel)

“The first rule of compounding is to never interrupt it unnecessarily.” – Munger

Save Like A Pessimist, Invest Like An Optimist (Morgan Housel)

“As long as more people try to get better than screw up, the long-term odds are in an economy’s favor. And that’s virtually always the case because the screw-ups – the declines, the recessions, and panics, the wars – fuel the problem-solving.

Once the odds are in your favor, compounding takes hold. And then …. boom.”

Your Finances & other Wealth Management links

Five reasons why Millennials should consider hiring a financial advisor. (thomaskopelman.com)

How to plan a phased retirement. (humbledollar.com)

The Environment & ESG (Environmental, Social & Governance) Investing

In Wisconsin: Stowing Mowers, Pleasing Bees. Can the No Mow May movement help transform the traditional American lawn — a manicured carpet of grass — into something more ecologically beneficial? (The New York Times)

“Appleton’s No Mow May initiative had a clear purpose: to save the bees — and not just honeybees (which are European imports), but also native bees, such as bumble bees, mining bees and sweat bees.

Bees are facing catastrophic declines. In North America, nearly one in four native bee species is imperiled, according to the Center for Biological Diversity, partly because of habitat loss, pesticide use, climate change and urbanization.

Lawns typically provide poor habitat for bees. But if allowed to flower, lawn weeds — perhaps better characterized as plants other than grass — can provide rare spring food for bees emerging from hibernation.”

Your Physical & Mental Well-being

Do Home Covid Tests Expire? “A quirk in the regulatory process for home tests can mean the real expiration date doesn’t always match what’s on the box.” (The New York Times)

This Week’s Serendipity

There’s Now a Wordle for Movie Lovers (screencrush.com)